Kaleida Health Pension Growth Plan

Kaleida Health Pension Growth Plan

Kaleida Health Pension Growth Plan was established in 1956 as the retirement vehicle for Kaleida Health, a Buffalo-based healthcare delivery system. The plan operates as a non-contributory defined benefit arrangement that covers eligible employees across the sponsor's facilities. The plan holds positions in private equity, real estate, and public market vehicles. Confirmed holdings include ArcLight Energy Partners Fund V, FrontRange Property Fund III, TT Capital Partners, Cheyne Capital, Cartesian Capital Group, AB CarVal, Willowridge Partners, and DRI Capital Medical Royalty Fund. Geographic exposure centers on the United States with additional commitments in the United Kingdom and Canada. Mutual funds and common/collective trusts supply the balance of market exposure. Assets total $758 million. The plan is administered through Kaleida Health's Corporate Benefits Department and maintains relationships with KeyBank as trustee and Lincoln Financial Group for related savings plans. Kaleida Health Foundation, established in 1999, and The Women & Children's Hospital of Buffalo Foundation operate as separate philanthropic arms supporting regional hospitals. The plan participates in a joint Pension Awareness Committee with 1199SEIU United Healthcare Workers East and Communications Workers of America Local 1168 to review funding and performance. This governance link to the sponsoring employer and its unions shapes mandate and oversight.